Private-equity investor SVG has written down its holding in the Hugo Boss fashion house Valentino by more than half alongside a slew of lower valuations for many of the companies it backs.
The group has raised £233 million through a rights issue.
Net asset value fell 64% during 2008.
Europe's lingering debt crisis has pushed the eurozone closer to recession as the beleaguered single currency bloc's economy shrank for the...
Sports Direct is on track to hit its "super-stretch" profit targets this year, passing the first hurdle that could see it hand founder Mike...
The Bank of England's latest £50 billion burst of quantitative easing may be the last time it needs to resort to the printing presses
Domino's Pizza UK said its online sales have powered ahead to account for more than half of delivered sales
The economy might be in dire straits but Brits still love a pint down the pub
The chocolatier Thorntons has turned to the former boss of Arsenal football club to turn around its fortunes
Bye bye Barclaycard. Nearly a year since the FSA started investigating CPP over its sales techniques, the identity theft protection firm touched a new, all-time low today after admitting it was losing one of its most high-profile clients
Tonight:
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